We have brought our analytical and technical capabilities to state-level issuers in the development of credit rating strategies, debt capacity models, debt portfolio models and creative financing implementation for both new money and refunding bonds.
In addition, we have enhanced financing programs by maximizing credit rating results, structuring flexibility and improved public market disclosure. Our work has helped streamline the issuance process and achieve economies of scale in accessing the credit markets for local borrowers through pooled and revolving fund financing programs.
Detailed Cash Flow Modeling
Our cash flow and pro forma modeling work with state-level issuers has provided enhanced options and financing flexibility for our clients and their financing programs. Our custom-built financial models are used to track and monitor complex borrowing programs including state revolving fund and pool financing programs. These models are also used for credit rating interactions as well as tracking of potential refinancing opportunities.
Multi-purpose structured transactions
We have the technical capabilities to combine multi-purpose and/or multi-series transactions using both competitive and negotiated bond sales in order efficiently maximize our clients’ financing results.
We have assisted our clients in improving the marketability of their bonds with enhanced disclosure information. This advice has enabled our clients to broaden market receptivity and investor participation in their bond sales